What is there to look forward to?
What do you look forward to? Sitting here on a Sunday with no sign of hope or anything to look forward to until Labor Day weekend. Depressed, burned out let me know how you stay motivated.
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Similar situation here man you're not alone. All that hard work for this...no wonder there's this labor shortage people (especially our generation) are done with the corporate bs ladder climbing. It won't get you the same standard of living anymore and then you have more "experienced" guys come on here and give kids generic investment advice that will have us slaving away for another 30+ yrs
ok this is what i don't get. I run a semi's business and am seeing labor shortage across the fuckin supply chain, especially at low end $20 / hr range roles.
What do you mean people are "done" with the corporate world. How are they paying the fuckin bills?
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Idk I think this is a bit out of touch. IB is hard as fuck and takes a mental toll. Unlike OP, I’m 5 years into my career but only 6 months into IB as a lateral from industry. To give you a sense of my work ethic I made into a top coverage group at a top bank with no MBA, a non target undergrad, and just years of hard work and advancement at an F500 before lateraling. I’m already thinking about bailing because it’s just been that taxing.
fortunately my wife and I have banked a shit ton of $$ since graduating and have no student loan debt, etc. but honestly I can’t blame OP; if you have ANY interests outside of work IB will be tough as hell. I want to quit to achieve many of the non-corporate milestones I’ve put off (climb mountains, spend more time with family, have kids, etc). And FYI I’m off of all social media, save rigorously, etc so the “instant gratification” thing is a non factor.
I’m curious, Would you say it’s the actual work / hours that burn you or spending those hours / work with people that you don’t like to be around?
As someone stated above, motivation comes and goes but what separates the men from the boys is being able to show up every day and slog through mundane shit with a smile on your face. Motivation is basically a little hit of dopamine that you get from listening to a song or watching an inspiring movie. It may last a few hours, or maybe even a day or two, but when that wears off you need to be able to keep pushing forward.
Personally for me, I have very well defined personal finance goals and fitness goals. I know that if i execute my game plan every day, that I am one day closer to achieving those said goals. It’s not always pretty or exciting, but to use a football terminology, it’s basically “3 yards and a cloud of dust”. Seeing the progress towards these tangible long term goals is super rewarding and keeps me going.
Beyond the above, I also think it’s important the have something to look forward to in the short term. To the extent it’s possible, try to plan some sort of weekend get away every couple of months. Doesn’t have to be anything glamorous, can be as simple as flying to another city to visit a buddy and crash on his couch for a night or two.
My 2nd year as an analyst, I got absolutely smoked, but I did everything in my power to pull off 3 or 4 weekend getaways to keep me sane. If you’re planning on going A2A, you should also be getting some form of sabbatical. I got 3 weeks off over the summer and took them all at once, completely unapologetically. I knew this was in the pipeline for me, so that’s what got me through some of the roughest patches of my analyst stint.
Know it can be hard when you see your college / HS friends apparently out and about dicking around living what seem to be free spirited lives, but keep in mind you’re paid a premium to embrace the suck of banking. If you can grind out a few years and perform halfway decent as an analyst, you can pull down close to $500k in 2 years if you’re at a decent firm, and then go A2A with the promise of making at least ~$300k at the age of 24.
Keep on pushing man.
I generally agree with this, but maybe its my naivety talking but the longer I'm in IB the less I care about money and materialistic things, the more I care about just being "happy" at whatever cost ya know (that 9-5 lower paying corporate job doesn't sound too bad in exchange for actually living my life..), anyways I guess grass is always greener but fuck ma nIB sucks the soul out of u more than what I anticipated
Im so burned out too. It is affecting my ability to work. I am always too exhausted to go out or have any kind of social life. I’m sorry. Wish I had any solution.
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